Liquidity Deficit
SBI Hikes Short-Term Deposits' Interest Rate By 50 Basis Points
Business | Dec 28, 2023The State Bank of India (SBI), India"s largest public sector bank, has decided to hike interest rates on its short-term fixed deposit..
Banks Face Liquidity Deficit of Rs 1.5 Lakh Crore
Business | Sep 21, 2023Banks are grappling with a liquidity deficit of nearly Rs 1.5 lakh crore due to advance tax payments and preparations for GST remitta..